Treebo Hotels, a technology-enabled budget hotel chain, has raised Rs 112 crore in a new funding round led by Bertelsmann India Investments (BII) with participation of existing investors, SAIF Partners and Matrix Partners India. Treebo, which competes with budget hotel room aggregator OYO Rooms, …
Tag: MakeMyTrip
Velvetcase.com raises $1.5 million in second round of funding
Online jewellery marketplace VelvetCase.com has raised $1.5 million in a second round of funding led by Uniqorn Ventures Fund, with participation from investors TV Mohandas Pai and S Somasegar through online deal-making platform LetsVenture. VelvetCase will use the money to expand its technology,…
Healthkart chooses nutrition & fitness over drug sales
From a company selling Over-The-Counter (OTC) medicines, Sequoia Capital-backed Healthkart has morphed into one that is totally focused on nutrition and fitness products. “We are re-orienting ourselves into a vertical player in fitness and nutrition. Initially we started with OTC drugs but …
Truckers in for a royal treat from logistics startups like Lobb, Trukky and BlackBuck
Inter-city logistic startups like Lobb, Trukky and BlackBuck are providing fringe benefits to truckers for inclusive growth of the trucking ecosystem. Discounted foods, parking & bed facility at dhabas, fuel & service station facilities, truck financing support and other benefits are attr…
Start-ups milk the IPL cash cow again
Whether you like the Indian Premier League or don’t, there is no escaping the din and crackle surrounding the event this year. And that is exactly what start-ups, paying anywhere between Rs 5 and 5.75 lakh for a 10-second spot on television during the matches, are betting on. The rates, alm…
ixigo launches app discovery platform for train travellers
ixigo, India’s leading travel search marketplace, has announced the launch of an innovative app discovery platform that lets brands reach out to train travellers contextually and helps them discover apps and deals relevant to them. Over 20 brands including Amazon, Flipkart, Paytm, Freecharge, Pep…